Get Approved at The Lowest Rate
Securing a down payment can be one of the biggest challenges on the path to homeownership. That’s why we’re thrilled to offer a comprehensive Down Payment Assistance (DPA) program in Kemah, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Kemah, TX provides a financial boost to eligible homebuyers in Kemah, TX, making it easier to cover the upfront costs of purchasing a home. This assistance is available in the form of a forgivable grant, which means you don’t have to repay it under certain conditions.
Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Kemah, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Kemah, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Kemah, TX, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.
Enjoy the freedom of homeownership in Kemah, TX without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.
To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:
A FICO score of 580 qualifies you for Approve/Eligible status in Kemah, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Kemah, TX.
If you’re still working, you must either be retired or actively volunteer in your community.
We are committed to guiding you through every step of the home-buying process in Kemah, TX. Our experienced team will work closely with you to explore your options, ensuring you make informed decisions that suit your financial situation and homeownership goals.
Don’t let the down payment be a barrier to your dream home. Contact Horizon Lending Services today to learn more about our FHA Down Payment Assistance program in Kemah, TX and take the first step towards owning your home. Our dedicated professionals are here to help you navigate the complexities of home buying with confidence and ease.
Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.
The FHA Down Payment Assistance Home Loan in Kemah, Texas offers numerous benefits to potential homebuyers. One of the primary advantages is the lower down payment requirement, which can make homeownership more accessible to individuals who may not have a lot of savings. Secondly, these loans often come with lower credit score requirements compared to traditional mortgages, allowing individuals with less-than-perfect credit to still qualify for a loan. Additionally, FHA loans typically offer competitive interest rates, helping borrowers save money over the life of the loan. Furthermore, FHA loans provide security to lenders through mortgage insurance, which enables them to offer more favorable terms to borrowers. This can result in lower monthly payments and better loan terms for homebuyers in Kemah, Texas. Demographics Kemah, Texas, is a vibrant city with a population that enjoys a mix of suburban and coastal living. The demographic makeup of Kemah includes a diverse community with a blend of families, young professionals, and retirees. Housing Market The housing market in Kemah, Texas, is dynamic and offers a range of options for homebuyers. From waterfront properties to cozy suburban homes, Kemah provides a variety of housing choices to suit different preferences and budgets. Main Attractions Known for its charming boardwalk, Kemah is a popular tourist destination offering a plethora of dining, entertainment, and shopping options. The city's proximity to the Gulf Coast provides residents with opportunities for outdoor recreation, including boating, fishing, and water sports.
Benefits of FHA Down Payment Assistance Home Loan in Kemah, Texas
